The City of London is offering to sell its homes to the highest bidder if the property falls into their hands, the Vancouver Sun reports.
The property, the former site of the former British consulate and its former headquarters of the Canadian Broadcasting Corporation, is owned by the British government and was listed for sale earlier this month.
It has been in the hands of the city for more than 20 years, according to the Sun.
The sale price has not yet been determined, but it is expected to be in the range of $100 million.
According to the Vancouver Province, the city will pay the buyer an annual rent of $1,000 a month.
The city will also offer to pay $1 million to $3 million in public improvements to the property.
The City of Montreal is offering up to $300 million for the sale of a condo near its waterfront, which is located in the city’s St-Laurent district.
It was previously owned by a company that has since been dissolved, and it was originally listed for auction in November.
The building has undergone renovations and is currently undergoing renovation.
The proposed purchase price is currently $1.1 million.